For saleSingle family
$315,000
14048 Fondant Ave N
Hugo MN 55038
3 beds, 1 bath, 1,540 sqft
14048 Fondant Ave N is a 3 beds, 1 bath, 1,540 sqft single family home for sale at $315,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,800/mo and returns $551/mo a month at a 8.8% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,800/mo
- Monthly cash flow
- $551/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.5%
- Max offer
- $315,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading